Germany – Renewable Energy Is Destroying The Economy
Countries that have gone after the Green Dream of renewable energy are paying the price of buying into the man made Climate Change scam, Spain has learnt to its cost that the Green taxation that all renewable energy forms like solar and wind are dependent on are a killer for jobs, in Spain’s case every single Green job created has cost 2.2 jobs in conventional industries.
In Germany the story of renewable energy has been the usual sorry tale of failure where the German Solar Industry has turned into a €100 billion money pit, hugely expensive off shore wind farms are being built without any means of connecting them to the grid, an event is that repeated daily with other smaller installations of renewable energy.
The European Institute for Climate and Energy (EIKE) have produced a report by Dr Guenter Keil warning of the impending doom to the German economy caused by the lemming like charge to the Green mirage of affordable renewable energy.
Here are some excerpts from the Press release that have been translated into English:
EIKE Press Release, 24 January, 2012
Energy expert Dr. Guenter Keil has closely examined Germany’s energy policy of shifting away from nuclear and fossil fuels and over to renewables. What he finds is a bleak picture. Years ago Germany ambitiously embarked on transforming its energy supply system, and hopes to supply at least 80% of its energy needs through renewable energies by 2050, and thus become a moral leader on environmental responsibility for the rest of the world.
To do this, the former Socialist-Green coalition government, led by Gerhard Schröder, enacted the so-called Renewable
Energy Feed-In Act (EEG) in 2000. This Feed-In Act requires electric utilities to buy all renewable energies, such as solar and wind power, from all producers at fixed, exorbitant rates and to feed it into the power grid for a period of 20 years. This has led to a boon as thousands of homeowners, businesses, and investors have installed thousands of megawatts of solar and wind power capacity over the years. The current Conservative-Liberal government, not to be outdone by its predecessor, is also gleefully pushing the Feed-In Act to the limit.
The Liberal Green moral superiority of leading the way to economic suicide is a serious problem in the EU, Chris Huhne is trying to destroy the British economy in the same way as Germany is attempting, other EU Governments to a lesser degree are following in the footsteps driven blindly on by unelected EU Climate Commisar Connie Hedegaard.
The problem is that these energy sources are weather-dependent and thus their sporadic supply is starting to wreak havoc on Germany’s power grid and is even now threatening to destabilize power grids all across Europe. The other problem: the power grid needed to distribute the decentrally produced green power is simply not there yet. They forgot to build it! So far, after tens of billions of euros spent on renewable energy systems and higher prices for consumers, not a single coal or gas-fired power plant has been taken offline. To the contrary, old inefficient German plants have been brought back into service in an effort to stabilize the grid.
The report makes for disturbing reading as the consequences of Germany’s path to renewable energy have implications for large swathes of Europe as well.
The report can be read and downloaded Here (PDF)
Posted on January 30, 2012, in Anthropogenic Global Warming, Church Of Climatology, Climate Change, Green Jobs Lie, Green Lies, Green Taxation, Renewables and tagged Chris Huhne, Connie Hedegaard, Eco Lemmings, Germany. Bookmark the permalink. 9 Comments.